Get your taxes done using TurboTax


@rcamner wrote:

Does this mean that because I had a small gain, I need to check the "schedule E" box here? 


Which version of TurboTax are you using?

 

The only difference I have ever seen this entry make (checking the box indicating that the property was used in a trade/business or rental) is it brings up a couple of screens for depreciation recapture. Otherwise, I have not seen where it matters it terms of "linking" the 8824 to Schedule C or Schedule E.